Rough diamond trade may slow
United Arab Emirates: Monday, January 15 - 2007 at 11:00
Dubai's trade in rough diamonds will grow 10-15% year-on-year in the future, lower than the high rates of recent years, Gulf News reported. Trade was worth $3.73bn in 2005, representing a 46% growth over 2004, and had reached $2.41bn at the end of August 2006, according to the Dubai Diamond Exchange. Dubai is considered to be one the largest five rough diamond trading centres in the world, according to CEO Noora Jamsher.
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James McInerney, News EditorMonday, January 15 - 2007 at 11:00 UAE local time (GMT+4)
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This Article was updated on Thursday, January 18 - 2007
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